Powers of Attorney
Why do you need to make a Power of Attorney?
Making a Power of Attorney allows you to choose who will have the power to make decisions on your behalf when you are unable to make those decisions for yourself. If you do not make a Power of Attorney and lose the capacity to make decisions for yourself, it may be necessary for your family to apply to VCAT for the appointment of an Administrator &/or Guardian to act for you. Decisions may be made by someone other than the person/s you would have selected.
Different types of Powers of Attorney may be made for use in a variety of situations:
- Medical Power of Attorney - appointing someone to make medical decisions on your behalf when you are not able to make those decisions for yourself.
- Enduring Power of Attorney - appointing someone to conduct your financial &/or personal affairs on your behalf. You can specify whether this power covers only financial or both financial and personal/lifestyle decisions. You choose whether it commences when you lose capacity to handle your own affairs, or at some earlier time.
- General Power of Attorney - appointing someone to conduct a specific task for you, or to act for a specified period. These are often useful in conveyancing transactions when the buyer or seller is overseas.
- Company Power of Attorney - a proprietary limited company may appoint a person or persons to act on behalf of the company in specified matters.
At KLR Legal our experienced lawyers can advise you in relation to all types of Powers of Attorney and assist you with making the right kind of Power of Attorney to suit your needs.
Call us on (03) 5968 4126 to discuss your needs.